The global natural fiber reinforcement materials market was valued at $250 million in 2015, and is expected to reach $408 million by 2022, growing at a CAGR of 7.3% from 2016 to 2022. Fibers derived from natural sources such as plants (cotton, jute, flax, hemp, sisal), animals (alpaca, wool, silk, mohair, angora) or minerals (asbestos, metal fibers, ceramic) are termed as natural fibers. They are hair-like raw materials that can be spun for use as threads, filaments, and ropes or matted into sheets of paper, or can be used to produce composite materials. The usefulness of natural fibers depends on its characteristics such as, length, elasticity, abrasion resistance, strength, absorbance, and several others.

The natural fiber reinforcement materials market is driven by the upsurge in demand for natural fiber composites from construction industry, consumer awareness & stringent regulations towards using environment friendly products, and biodegradability, recyclability & environment-friendly nature of natural fibers. However, factors such as low strength as compared to synthetic fibers and fluctuating raw material prices are expected to hinder the market growth during the forecast period. Moreover, growth opportunities exist in the market with increase in applications of natural fiber in the packaging industry

The global natural fiber reinforcement materials market is segmented based on the type, end-use industry, and geography. On the basis of type, it is segmented into hemp, flax, kenaf, jute, and others that includes coir, abaca & sisal. Based on end-use industry, it is classified into transportation, building & construction, consumer goods, and others. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

This report provides a detailed quantitative analysis of the current trends and future estimations from 2014 to 2022 of the global natural fiber reinforcement materials market, which assist to identify the prevailing market opportunities.

In-depth coverage of the market including drivers, restraints, and opportunities helps professionals to understand the market behavior in an efficient manner.

Detailed study of the strategies adopted by the key leaders, such as partnerships and acquisitions, is provided.

Porter’s Five Forces analysis examines the competitive structure of the market and assists strategists in better decision-making.

Pinpoint analysis of geographical segments helps to identify opportunities for growth within the market.

Natural Fiber Reinforcement Materials Market Key Segments:

By Type

Hemp

Flax

Kenaf

Jute

Others (Coir, Abaca, Sisal)

By End-Use Industry

Transportation

Building & Construction

Consumer Goods

Others

By Geography

North America

U.S.

Canada

Mexico

Europe

UK

Germany

France

Spain

Italy

Rest of Europe

Asia-Pacific

China

Japan

Korea

Rest of Asia-Pacific

LAMEA

Brazil

Argentina

South Africa

Rest of LAMEA

Other prominent market players are as follows:

EUCHORA S.R.L.

Badische Naturfaseraufbereitung GmbH

Tenbro

Wilhem G. Clasen

FlaxStalk Natural Fiber Solutions

Fiberon LLC

Tecnaro

FlexForm Technologies

Greencore Composites

Greengran B.V.

(The above companies are not profiled but can be done on client request)